ABXB vs. HYKE

Last updated Jun 24, 2026

ABXB (Abacus Flexible Bond Leaders ETF) and HYKE (Vest 2 Year Interest Rate Hedge ETF) are both Nontraditional Bonds funds. ABXB is passively managed, while HYKE is actively managed. ABXB charges 0.62%/yr vs 0.85%/yr for HYKE.

Performance

ABXB vs. HYKE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Abacus Flexible Bond Leaders ETF (ABXB) and Vest 2 Year Interest Rate Hedge ETF (HYKE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ABXB

• 1D: -0.01%
• 1M: 0.42%
• YTD: 0.33%
• 6M: 0.48%
• 1Y: 4.60%
• 3Y*: 6.59%
• 5Y*: 1.00%
• 10Y*: —

HYKE

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ABXB vs. HYKE - Yearly Performance Comparison

	2026 (YTD)
ABXB Abacus Flexible Bond Leaders ETF	2.04%
HYKE Vest 2 Year Interest Rate Hedge ETF	0.00%

Return for Risk

ABXB vs. HYKE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ABXB

ABXB Risk / Return Rank: 35
ABXB Sharpe Ratio Rank: 39
ABXB Sortino Ratio Rank: 37
ABXB Omega Ratio Rank: 38
ABXB Calmar Ratio Rank: 29
ABXB Martin Ratio Rank: 32

HYKE

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ABXB vs. HYKE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Abacus Flexible Bond Leaders ETF (ABXB) and Vest 2 Year Interest Rate Hedge ETF (HYKE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ABXB	HYKE	Difference
Sharpe ratio: Return per unit of total volatility	1.27	—	—
Sortino ratio: Return per unit of downside risk	1.80	—	—
Omega ratio: Gain probability vs. loss probability	1.23	—	—
Calmar ratio: Return relative to maximum drawdown	1.35	—	—
Martin ratio: Return relative to average drawdown	4.29	—	—

Drawdowns

ABXB vs. HYKE - Drawdown Comparison

The maximum ABXB drawdown since its inception was -16.96%, which is greater than HYKE's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for ABXB and HYKE.

Drawdown Indicators

	ABXB	HYKE	Difference
Max Drawdown Largest peak-to-trough decline	-16.96%	0.00%	-16.96%
Max Drawdown (1Y) Largest decline over 1 year	-3.43%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-3.81%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-16.96%	—	—
Current Drawdown Current decline from peak	-1.46%	0.00%	-1.46%
Average Drawdown Average peak-to-trough decline	-5.69%	0.00%	-5.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.07%	—	—

Volatility

Volatility by Period

	ABXB	HYKE	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.35%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.96%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.64%	0.00%	+3.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.61%	0.00%	+5.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.44%	0.00%	+5.44%

ABXB vs. HYKE - Expense Ratio Comparison

ABXB has a 0.62% expense ratio, which is lower than HYKE's 0.85% expense ratio.

Dividends

ABXB vs. HYKE - Dividend Comparison

ABXB's dividend yield for the trailing twelve months is around 5.19%, while HYKE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020
ABXB Abacus Flexible Bond Leaders ETF	5.19%	5.50%	15.35%	4.79%	3.18%	3.40%	0.37%
HYKE Vest 2 Year Interest Rate Hedge ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, ABXB or HYKE?

On fees, ABXB is cheaper at 0.62% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ABXB or HYKE?

ABXB is cheaper with a 0.62% expense ratio, compared with 0.85% for HYKE.

Which ETF pays a higher dividend yield, ABXB or HYKE?

ABXB has the higher dividend yield at 5.19%, compared with 0.00% for HYKE.

What is the main difference between ABXB and HYKE?

They also come from different issuers: Abacus and Cboe Vest. Their fees differ too: 0.62% for ABXB and 0.85% for HYKE.